Case Study: 25 Deals, $525K in One Quarter | Bolt Deals
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Case study · Q1 2026

25 Deals and $525K in Assignment Fees in a Single Quarter

Dominic did not have one lucky month. He had a repeatable quarter. Across Q1 2026 he spent $20,200 on exclusive motivated-seller ads with Bolt Deals, pulled in 133 leads, put 24 properties under contract, and closed 25 deals for $525,000 in assignment fees. A $150 cost per lead and roughly $900 per contract are not accidents. They are what a dialed-in account looks like when the follow-up never leaks.

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Documented by Ben Hoang, Founder & CEO of Bolt Deals · real ad-account numbers
$525K

In assignment fees across a single quarter, on 25 closed deals. $20,200 in ad spend produced 133 motivated-seller leads at a $150 cost per lead and 24 signed contracts at roughly $900 each, with an average assignment fee near $21K.

The starting point

Dominic came to Bolt Deals having already worked with multiple PPC providers. He knew how to close. What he did not have was a lead engine he could trust to fire the same way every week. The problem with most providers is not that they cannot generate a lead. It is that the flow is spiky, the leads get resold, and nobody owns the follow-up. A good quarter followed by a dead one is not a business, it is a coin flip.

What we ran

We built Dominic an exclusive motivated-seller machine on his own ad accounts, tuned for consistency rather than a one-time spike. Every lead was his alone, never resold, tied to his brand and his market. Then we backed it with the piece most agencies skip: free dedicated lead managers who work the leads the moment they land. That operational backbone is why 133 leads did not leak into a voicemail graveyard. They got called, qualified, and moved.

The quarter, by the numbers

MetricQ1 2026
Ad spend$20,200
Motivated-seller leads133
Cost per lead$150
Contracts signed24
Cost per contract~$900
Average assignment fee~$21K
Deals closed25
Assignment fees$525,000

A $150 cost per lead is efficient. A roughly $900 cost per contract on a market where the average assignment fee is near $21K is the number that matters. It means every dollar of spend is buying signed paper, not just clicks. Twenty-five deals across a quarter is not a spike, it is a rhythm.

Why the consistency held

Three things kept the quarter from wobbling, and none of them are luck:

Want a quarter like this, not a lucky month?

Dominic is not an outlier because he got a hot streak. He is what happens when a real closer gets exclusive leads on his own accounts and a team that actually works them. Book a call and we will map the same machine for your market.

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In his words

"Amazing onboarding, they give you lead managers for free, and out of multiple providers this has been my best PPC provider. This is what a marketing agency should look like."

Coming from an operator who has run with several providers, that is the whole thesis in one sentence. The onboarding sets the account up right, the free lead managers keep the pipe moving, and the result is a quarter that repeats. If you want to understand the paid-search side that feeds it, read our guide to PPC for Real Estate Wholesalers. And if you are still comparing shops, our breakdown of how to choose a real estate marketing agency covers exactly what Dominic learned the hard way.

The takeaway

Dominic did not need a new skill. He needed a lead engine that fires the same way every week and a team that catches every lead. When an established operator gets exclusive leads on their own accounts with follow-up that does not leak, the quarter takes care of itself. $20,200 in, $525,000 out, 25 deals, one quarter. See what the same setup did for a Minnesota wholesaler who turned $99K into $952K.

Dominate your market. Backed by $30M in proof.

Exclusive leads, your own ad accounts, free dedicated lead managers, full ownership of the data. If we do not beat what your marketing is doing today, you do not pay.

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Ben Hoang · Founder & CEO, Bolt Deals

Ben runs Bolt Deals, the marketing agency behind $30M+ in assignment fees for 300+ real estate operators. Featured on Steve Trang's Real Estate Disruptors. Follow the proof on YouTube and Instagram.